China’s economy powered out of the pandemic daze last year as the only big economy in the world not to slide into recession. But could that sprint soon grind to a stop? The IMF and the Word Bank expects China’s economic growth to moderate next year.
But a top Chinese economist argues China will soon see a new engine of economic growth. Economics Professor Fan Gang of Peking University, who was thrice-appointed to the influential Monetary Policy Committee of the People’s Bank of China, argues a forgotten generation of rich oldies could power the Chinese economy.
Also, the US-China trade war was already hurting the global economy when the pandemic hit. US-China tensions reached new heights under the Trump administration with a barrage of tit-for-tat tariffs covering billions worth of goods. Could the US-China relationship recover under the Biden administration?
And what does this all mean for the rest of the world?
For more In Conversation: https://www.youtube.com/playlist?list=PLkMf14VQEvTaBvHQdzyeJKHvUz9TPIEll
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